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Markets likely to open flat - The Hindu BusinessLine


Markets likely to open flat
May 04, 2021
Fear over continuous rise in Covid cases, extended lockdowns in States likely to cap upside
Markets are likely to open marginally down on Tuesday, amidst mixed global cues. Though the positive recovery rate in Covid cases bodes well, economists are still grappling with uncertainty, analysts said. The SGX Nifty is currently hovering around 14,663 (8 00 am IST), which is about 20 points lower as against Nifty May futures that closed at 14,685 on the NSE on Monday.
As Japan market is closed, other Asian markets provide little cues. Overnight, the US markets ended sharply higher with Dow and S&P 500 climbing 0.70 per cent and 0.3 per cent respectively. However, tech-heavy Nasdaq closed 0.5 per cent lower. ....

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Thai billionaire Sarath plans US$5.4bil buyout of Intouch


Sarath Ratanavadi, who controls the Gulf Energy Development (Gulf) - Thailand’s biggest power producer by market value, is among the richest businessman on the Thai stock market. - The Nation Thailand/ANN
BANGKOK, April 19 (Bloomberg): Gulf Energy Development Pcl, Thailand’s biggest power producer by market value, offered to to acquire Intouch Holdings Pcl that control’s the nation’s largest mobile phone operator for as much as 169 billion baht (US$5.4 billion).
The Bangkok-based company, controlled by billionaire Sarath Ratanavadi, offered to buy 2.6 billion shares, or about 81% of Intouch, that it doesn’t currently own at 65 baht each, it said in an exchange filing. The offer price is 11% higher than Intouch’s close on Friday. ....

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Veider olukord: Eesti Energial on Leedus mitu ehitusvalmit tuulepargi projekti, samas hakkab ettevõte hoopis kohalikult tootjalt tuuleenergiat sisse ostma - Ärileht

Veider olukord: Eesti Energial on Leedus mitu ehitusvalmit tuulepargi projekti, samas hakkab ettevõte hoopis kohalikult tootjalt tuuleenergiat sisse ostma - Ärileht
arileht.delfi.ee - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arileht.delfi.ee Daily Mail and Mail on Sunday newspapers.

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